Shawmut Design and Construction has joined Draper and Wexford Science & Technology to break ground on the 111,000-square-foot Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center in Lowell, Massachusetts.
Around this time next year, a brand new 11-story hotel will be getting ready to welcome visitors just steps away from UT Austin. Read the KXAN-TV story here
It’s official: Dunkin’ is dropping Donuts—in name only. The food chain announced it will rebrand as simply Dunkin’, with the new branding making appearances at locations and on merchandise starting in January. Read the USA Today story here
The Drury Hotels hospitality chain has purchased the abandoned Caribbean Cove water park and hotel near the intersection of Michigan Road and Interstate 465 and has proposed building a seven-story inn in its place. Read the Indianapolis Business Journal story here
The Daytona Beach Boardwalk won’t be stretched an extra mile as county officials envisioned three years ago, but an additional 270 feet could be tacked on to the landmark’s southernmost boundary. Read The Daytona Beach News-Journal story here
A recent survey by the Hospitality Asset Managers Association finds confidence in continued growth of revenue per available room, though labor costs are also expected to rise. More than half of respondents said their properties were meeting or exceeding budgets. Read the Hotel Business story
Dream Hotel Group executives say smaller U.S. cities are “hot” for hotel development. Nashville, Tennessee., and Dallas are on Dream Hotel’s growth map. Read the Yahoo story here
In one of Denver’s oldest neighborhoods, you won’t find that many old buildings. So when a new hotel was proposed, one of the last remaining landmarks in LoDo was saved. Read the KMGH-TV story here
Walmart-owned e-commerce firm Jet has leased a 205,000-square-foot Bronx, N.Y., warehouse that will serve the company’s growing focus on New York City. Walmart’s big-box strategy kept the retailer out of the market for a long time, but it’s making inroads with a new strategy that
About 42% of consumers age 18 to 22 prefer shopping in stores, compared with 23% who prefer online shopping, a Profitect survey has found. An NRF survey out last week found that 98% of those in Gen Z opt for stores over online shopping. Read
Construction is expected to start soon on an office tower at a $1.8 billion mixed-use project next to the Dallas Cowboys headquarters in Texas. The building is part of a 242-acre development that also will contain retail, restaurants and entertainment space. Read The Dallas Morning
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